After a dramatic sell-off Wednesday by some institutional investors on perceived “Trump trouble”, other institutional investors brushed off those concerns and reacted by “buying the dip” on Thursday and Friday, so the major indexes ended the week rather neutral.
A mostly forgettable week for our stocks – not much action, with many of our long positions slumping and many of our short positions edging up. Few highlights, and even fewer trades this weekend.
Highlights: 1 new weekly high in long positions. 7 stocks with double-digit long gains:
BZH +18% EVH +234% LPSN +37% FIVN +45% NEFF +57%
TRUE +16% FRPT +26%
4 new weekly lows among short positions. 3 stocks with double-digit short gains:
FTK +12% NGL +27%